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Top Stories Leading Importer & Stockist of Below Products Available YEAST EXTRACT
EX- Bhiwandi With Documentation & Technical Support
 GLYCINE  L-LYSINE HCL Required
THIRD TENDER  GUANIDINE HCL  L-PHENYLALANINE
 L-ALANINE  L-PROLINE Technical Process Know-How
Five bids received for setting up green hydrogen  L-ARGININE BASE/HCL  L-PYROGLUTAMIC ACID
 L-ASPARTIC ACID For Manufacturing
plant at Panipat: IOC  L-CYSTEINE HCL MONOHYDRATE  L-SERINE

Indian Oil Corporation (IOC) he added. The plant will be set up on a High Court. It was later cancelled. The  DISODIUM PHOSPHATE  L-VALINE Yeast Extract
has received ﬁ ve bids to set up a build own and operate (BOO) basis. second tender received interest from ANHYDROUS  SODIUM PYRUVATE From
10,000-tonne-per-annum green hydro- only two entities and was also cancelled  L-GLUTAMIC ACID  TRIS BASE/HCL
gen plant at its Panipat reﬁ nery, which Reﬁ neries consume hydrogen to due to lack of interest. The third tender,  L-HYDROXYPROLINE  URACIL Brewers Spent Yeast
will be India’s largest plant producing remove impurities and increase yield of which was ﬂ oated in September 2024,
the commodity. This is the third tender reﬁ ned products. Currently, reﬁ neries con- had sought bids by November 2024, RAIVAT IMPEX PRIVATE LIMITED
by the state-run oil marketing company sume grey hydrogen. “If green hydro- but was extended to January 2025 on Ofﬁ ce No. 215, Sai Chamber, Near Bus Depot, Santacruz (East), Mumbai - 400055. Contact:
(OMC) for setting up the plant. The gen based mobility is developed then the request by the participating entities. Mob: 9820423514 / 8451810454 / 9136923514 (1) Email: nikhilgm812@gmail.com
Email: sales@navpad.in / info@navpad.in  Website: www.navpad.in
earlier two tenders were cancelled. product will go there or else we can con-
sume it in reﬁ neries. Out of the country’s Q3 proﬁ t plunges
“IOC will have India’s largest green 5-mt hydrogen consumption, we alone In another development, IOC has FOR YOUR REQUIREMENTS OF
hydrogen manufacturing plant in the next consume more than 1-mt. We want to reported a 77 percent Y-o-Y decline • ToxiShield Denatonium Benzoate Powder, Granules • Lauryl Amine Oxide (LAO)
2 years. We have called for tenders and develop the entire ecosystem. This can then in consolidated net proﬁ t at around
have got more than ﬁ ve bids. We have be then expanded,” Mr. Sahney opined. Rs. 2,147-crore in Q3 FY25 largely due • ToxiShield Denatonium Benzoate in Water, Alcohol, • Antiox SP : Di Styrenated Phenol
or Glycols
good response and now we are evaluating to foreign exchange and inventory losses. • Antiox SP27 : Tri Styrenated Phenol
the bids,” informed IOC Chairman Two tenders In Q2 FY25, it posted a net loss of around • ToxiShield Denatonium Saccharide Powder • Antiox SD20 : Styrenated Diphenylamine
Mr. A. S. Sahney, adding that the contracts The previous two tenders by the oil Rs. 449-crore. The OMC clocked reﬁ ned • Cetyl Trimethyl Ammonium Chloride (CTAC) • Parafﬁ n/Microcrystalline Wax Emulsions
would be awarded in a month’s time. marketing company (OMC) for setting product sales of 26.13–million tonnes
up the green hydrogen plant at Panipat (mt) in Q3 FY25 compared to 22.96-mt • Dodecyl Trimethyl Ammonium Chloride (LTAC) • Foam Stabilizer - Latex Stabilizer
IOC is India’s largest hydrogen con- had to be cancelled on account of lack and 24.62-mt in Q2 FY25 and Q3 FY24, • Tallow Trimethyl Ammonium Chloride (TTAC) • Styrenated Phenol
sumer and it has the capacity to con- of interest from the industry. IOC faced respectively. IOC’s consolidated total • Behenyl Trimethyl Ammonium Chloride (BTAC) • APEO free Emulsiﬁ ers
sume the green hydrogen produced by criticism from the participating com- income stood at around Rs. 2.21 lakh-crore
the plant, which is an advantage only panies after it ﬂ oated the ﬁ rst tender. The compared to Rs. 1.99 lakh-crore in Q2 • Benzalkonium Chloride BKC 50/80 • Paraformaldehyde-Methanol Solutions
with the oil marketing company (OMC), tender was also challenged in the Delhi FY25 and Rs. 2.28 lakh-crore in Q3 FY24. Contact Manufacturer:

PUSHING INNOVATION NIKITA TRANSPHASE ADDUCTS PVT. LTD.
401/402, New Udyog Mandir # 2, Mogul Lane, Mahim (W), Mumbai 400 016.
Call for a ‘PLI scheme’ for R&D in Budget Tel.: +91.22.2444 0141 /+91.22.2444 0142 /+91.22.6615 8844  Email: info@ntapl.com

The Budget 2025-26 should an- for R&D which includes foreign com- look at rolling out a PLI for R&D,” he READY STOCK AVAILABLE
nounce a scheme for R&D on the panies, that could be a game changer,” said.Finance Minister Nirmala Sitha- • Aluminium Nitrate • Lead Chloride / Carbonate / Sulphate / Nitrate / Acetate IMPORT \ EXPORT DATA
lines of the Production Linked Incen- Mr. Sidhwa was quoted as saying in raman in the Interim Budget for 2024-25 • Ammonium Bi Fluoride (Tech / Anodizing) • Magnesium Acetate / Oxide Any Chapter Rs.500 per month
• Ammonium Acetate
• Magnesium Sulphate (Crystal / Anhydrous)
tive (PLI) scheme to attract foreign an interview with news agency, PTI. on February 1, 2024, announced setting • Ammonium Carbonate (Lumps / Powder) • Manganese Acetate / Carbonate / Chloride
companies and make India a global Mr. Sidhwa said that one area which up a mechanism for spurring private • Ammonium Chloride • Manganese Sulphate (98%) CHEMLINK SOFTWARE
• Nickel Acetate / Carbonate / Nitrate
• Ammonium Di Chromate
MUMBAI
hub for innovation, according to the government needs to look at is how sector-driven research and innovation • Barium Acetate • Nickel Chloride (E P)
• Nickel Sulphate (E P)
• Barium Carbonate / Chloride
Deloitte India Partner (Direct Tax) to stimulate innovation and reward at commercial scale with a ﬁ nancing • Calcium Acetate (Mono, 99%) • Para Toluene Sulphonic Acid Mr. Bhavin Patel
• Chromium Chloride / Nitrate / Sulphate /
• Phosphorus Tri Chloride (PCl3)
Mr. Rohinton Sidhwa. He said the R&D spending and that would happen pool of Rs. 1 lakh-crore. The govern- Carbonate / Acetate • Potassium Bi Chromate 8469140555
government has been pursuing a only when the country is able to attract ment is working on how to structure the • Chromium Tri Oxide (99%) • Potassium Bi Sulphate chemlinksoft@gmail.com
• Cobalt Chloride / Nitrate
• Potassium Chromate
policy wherein tax holidays are less global R&D centres into India. fund and how to operationalise it. • Cobalt Sulphate (20.75%) • Potassium Sulphate / Nitrate/ Fluoride
• Cobalt Sulphate Soluti on (9%)
• Sodium Di Chromate (Indu Ragukul)
and more focus is on PLI or other • Copper Acetate (Mono) • Zinc Acetate AVAILABLE FROM IMPORT/DOMESTIC
Polyisobutylene/

schemes which promote investment “If we can develop our own R&D, R&D investment by the private sector • Copper Nitrate / Carbonate / Chloride • Zinc Chloride Powder (80%, 90%, 99%) Polybutene - (PIB / PB)
• Copper Sulphate (Powder, Feed Grade, Pure)
• Zinc Dust
and employment. we are less reliant on developed world has not picked up despite giving tax • Ferric Chloride (Anhydrous) • Zinc Phosphate / Nitrate Grade: 950, 1300, 1400,
• Zinc Sulphate (Heptahydrate / Mono)
• Ferrous Sulphate (Crystal / Fine Crystal)
for technology and that is also import exemption for R&D and hence the AMIZARA SPECIALITY CHEMICALS LLP 2000, 2400, 63000

“We need to push India as the R&D substitution. Something around innova- government has decided to be a partner (A Group Co. of PARESH CHEMICALS / PRACHI METAL CHEM) Carbon Black (Ink Grade)
lab of the world and if there can be such tion and R&D is deﬁ nitely called for in R&D and nudge the private sector Corporate Office : A-301, Borivali Arunodaya CHS. Ltd., Market Lane, Above Khatav Hospital, KUNTAL Organics LLP.
Borivali (West), Mumbai - 400 092 l Tel.: 022-67251313 / 67411313 / 28917600 / 28927600
a policy which stimulates that, like PLI and I’m hoping that the government will to take the risk. Contact Person: PARESH SHAH: 9820120703 / 9223432851, RASHMIN HARIA: 8779003699 / 9819320703 102, 1st Floor, Mspace, Mahindra Eminente Commercial Premises Co-op Society Ltd,
Email: info@amizaraspecialitychemicals.co.in / sales@amizaraspecialitychemicals.co.in Sitaram Patkar Road, Goregaon West, Mumbai – 400104. India.
UDYAM NO: MH-18-0118419 (4) Tel: +91-22-35989123, 47487498  Email: info@kuntal.co.in
22/28
148 Chemical Weekly February 4, 2025
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